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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

2

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
MPWBroadsheet

The EU Official Who Wants a Trump Nickname: The Broadsheet

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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June 4, 2019, 7:58 AM ET
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Good morning, Broadsheet readers! Emma Hinchliffe here today. The RealReal files for an IPO, Apple adds menstrual-tracking to the Apple Watch, and one EU official wants a Trump nickname of her own. Have a terrific Tuesday.

EVERYONE'S TALKING

• That lady. Věra Jourová knows what she wants. Specifically, a nickname from President Trump.

"I dreamt about being called that ‘horrible privacy lady,'" the European Commissioner for justice, consumers, and gender equality—and architect of the strict European data privacy regulation GDPR—told attendees at Fortune's Most Powerful Women International Summit in London on Monday night.

It's a play on what Trump called EU anti-trust boss Margrethe Vestager: as Jourová remembered it, "that horrible tax lady." (It was actually the slightly toned down "tax lady.") Why not Jourová too?

The Czech politician's tongue-in-cheek wish was timely; Trump was in the same city for his state visit with the U.K.

Unlike the British Royal Family, Jourová didn't have to play nice with the president yesterday. She said she uses Trump's rise in America as an example of why women need to go into politics, adding that the lackluster showing of far-right parties in recent European elections signals that populism can be stopped.

Claire and Kristen are on the ground across the pond as MPW closes out on Day 2 today. We'll be back tomorrow with the rest of the news from London. Fortune

Emma Hinchliffe
@_emmahinchliffe
emma.hinchliffe@fortune.com

MORE FROM MPW LONDON

• Trade tension. Wei Sun Christianson, Morgan Stanley’s co-CEO, Asia Pacific, and CEO, China, says that talking about a "trade war" between the U.S. and China doesn't convey the full story. It's really more like "trade tension." Fortune

• Face your fears. More on trade wars, this time from consumer company executives. They're not as worried about an economic slowdown as chief economists and central bankers. "Fear is a bad advisor," says Melanie Kreis, CFO of Deutsche Post, the post office for Germany and the largest logistics company in the world. Fortune

• Met tech. London's top Metropolitan Police official and its first female commissioner, Cressida Dick, defended the use of facial recognition technology despite concerns over its potential for racial bias. "Properly overseen, properly thought about, properly circumscribed, [it's] something that our public would expect us to be doing," she says. Fortune

• ITV streaming. According to ITV chief Carolyn McCall, consumers are finally ready to pay for their media again. It's why ITV is moving into streaming with BritBox—and the broadcaster's shareholders want even more resources behind the push. Fortune

• This AI'nt it chief. Scarier than robots taking over is AI's real threat: the lack of diversity in the field. "All the algorithms are programmed by white males—that’s not a good idea," says TomTom co-founder Corinne Vigreux on a panel with Booking.com's Gillian Tans. Fortune

MOVERS AND SHAKERS: Autodesk's Debbie Clifford joins SurveyMonkey as CFO, making the company's leadership team majority-women. Instagram promoted Tamar Shapiro to head of analytics. Ida Liu has been named head of Citi's Private Bank for North America. McKesson CIO and CTO Kathy McElligott and Schneider Electric CIO Elizabeth Hackenson join Forescout Technologies' board of directors; Theresia Gouw takes over the board as chair. Sarlina See joins Penske Media Corporation as chief accounting officer.

ALSO IN THE HEADLINES

• A Real IPO. The RealReal, the luxury online reseller founded by Julie Wainwright, filed to go public. It was valued at $745 million during a funding round last year, and its stock ticker is set as REAL. CNBC

• Watch this. At Apple's World Wide Developers Conference, the tech giant revealed it would add a new menstrual-tracking app to the Apple Watch. The feature follows longtime criticism of Apple's fitness tools as not made with women in mind. Fortune

• Canada's decision. A three-year national inquiry in Canada determined that violence against Indigenous women and girls should be called a genocide. "To the missing and murdered Indigenous women and girls of Canada, to their families, and to survivors—we have failed you," Prime Minister Justin Trudeau said. New York Times

• Store closing. Yesterday we were talking about whether diversity training is effective—and Sephora will find out on Wednesday. The beauty retailer is set to close all its U.S. locations for the morning to conduct a training. The decision comes after singer SZA said she was racially profiled while shopping at a Sephora location. NBC News

Share today's Broadsheet with a friend. Looking for previous Broadsheets? Click here.

ON MY RADAR

Asia Kate Dillon on finding the way to 'they' The Cut

#KuToo: Japanese women protest against having to wear high heels to work Guardian

Nature Conservancy president resigns in wake of sexual harassment probe  Politico

Caster Semenya can compete without reducing testosterone while her appeal is decided  Washington Post

QUOTE

In my dining room, we changed the course of America over a bowl of gumbo and some fried chicken.
Leah Chase, the Creole chef and civil rights activist. She died at 96 on Saturday.
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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